The Market Story

U.S. Stocks Finish Black Friday in the Green

Stock quotes in this article: AZN , RBS , GM , YHOO , PFE , EBAY , CHK  

Eli Lilly (LLY Quote), meanwhile, said it has withdrawn a new-drug application with the FDA for its pain medication Cymbalta. The stock edged up 3.9% to $34.15.

Among technology shares, billionaire investor Carl Icahn bought $66.9 million in shares of Web portal Yahoo! > (YHOO Quote), bringing his stake in the company up to 5.5%. Shares rocketed 8.8% to $11.51. P/>As for analyst actions, online auctioneer eBay (EBAY Quote) caught an Argus downgrade to hold from buy. The stock edged down 2.6% to $13.13.

Although the day was light on domestic economic data, there were additional signs of trouble abroad Friday. The European Union's statistics office said that inflation in the Eurozone for November came in at 2.1%, down from 3.2% in October. The EU also said that unemployment in the region had reached 7. 7% in October, a 0.1% increase from September.

Looking at commodities, crude oil was lately shedding $2.45 to $51.99 a barrel. Gold was edging down $1.70 to $817.30 an ounce.

Longer-dated U.S. Treasury securities were rising in price. The 10-year note was up 8/32, yielding 2.94%, and the 30-year was climbing 26/32, yielding 3.48%. The dollar was gaining on the euro, yen and pound.

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Overseas, European exchanges, such as the FTSE in London and the DAX in Frankfurt, were trading higher. In Asian markets, Japan's Nikkei and Hong Kong's Hang Seng finished on the upside.

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,309.92 1,091.49 2,138.44 32.31
Oil *
77.12
DOWN
154.48
DOWN
19.14
DOWN
37.61
DOWN
0.48
10 Yr
3.23%
SPDR Gold
115.06
-1.48%
-1.72%
-1.73%
-1.46%
Data delayed 20 minutes

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